The earnings call reflects significant progress in revenue growth and operational efficiency, supported by strategic product launches and successful capital raising. However, ongoing challenges in achieving positive gross margins and net profitability, along with share dilution, present areas of concern.

Company Guidance -

Q2 2025

In the first quarter of 2025, 22nd Century Group reported significant progress in its financial performance and strategic initiatives. The company achieved a 50% sequential increase in net revenue, reaching $6 million, and improved its gross margin loss by the same percentage from the previous quarter. Sales volume grew with 476,000 cartons sold, marking a 41% increase. Operating expenses were reduced to $2 million, the lowest since the company's turnaround began, leading to an improved net loss of $3.3 million and an adjusted EBITDA loss of $2.3 million. The company reduced its debt to $3.9 million and raised $5.4 million in capital with potential for an additional $3.3 million. 22nd Century remains focused on expanding its distribution, particularly for its Smoker Friendly, Pinnacle, and VLN branded products, and aims for P&L profitability by late 2025.

Revenue Growth and Margin Improvement

Net revenue was $6 million in Q1 2025, a 50% increase from $4 million in Q4 2024. Gross margin improved by 50% from the prior quarter, signaling growth and improved profitability.

Operational Efficiency

Total operating expenses for Q1 2025 were $2 million, the lowest quarterly amount since the turnaround began in late 2023.

Debt Reduction

Reduced outstanding debt to $3.9 million from debt for equity conversions and cash payments, improving the balance sheet.

Successful Capital Raise

Executed a capital raise through warrant inducement, securing $5.4 million in gross proceeds, providing cash runway for 2025.

Strategic Product Rollouts

Launched new products like Smoker Friendly Black Label and VLN branded products, with plans for wider distribution and state approvals.

22nd Century (XXII) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

XXII Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 14, 2025	2025 (Q2)	-6.21 / -	-931.5	―	―	―
May 13, 2025	2025 (Q1)	-25.30 / -43.47	-5340.6	99.19% (+5297.13)	―
Mar 20, 2025	2024 (Q4)	- / -243.57	-57132	99.57% (+56888.43)	―
Nov 12, 2024	2024 (Q3)	- / -838.35	-182822.4	99.54% (+181984.05)	―
Aug 13, 2024	2024 (Q2)	-15400.80 / -931.50	-69552	98.66% (+68620.50)	―
May 15, 2024	2024 (Q1)	-16394.40 / -5340.60	-59616	91.04% (+54275.40)	―
Mar 28, 2024	2023 (Q4)	-27629.53 / -57132.00	-89424	36.11% (+32292.00)	―
Nov 06, 2023	2023 (Q3)	-45705.60 / -182822.40	-44712	-308.89% (-138110.40)	―	―
Aug 14, 2023	2023 (Q2)	-53261.93 / -69552.00	-44712	-55.56% (-24840.00)
May 09, 2023	2023 (Q1)	-54965.95 / -59616.00	-37260	-60.00% (-22356.00)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

XXII Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 13, 2025	$24.61	$26.45	+7.48%
Mar 20, 2025	$43.70	$42.55	-2.63%
Nov 12, 2024	$319.81	$312.05	-2.43%
Aug 13, 2024	$2243.36	$2157.97	-3.81%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does 22nd Century Group (XXII) report earnings?

22nd Century Group (XXII) is schdueled to report earning on Aug 14, 2025, After Close (Confirmed).

What is 22nd Century Group (XXII) earnings time?

22nd Century Group (XXII) earnings time is at Aug 14, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is XXII EPS forecast?

XXII EPS forecast for the fiscal quarter 2025 (Q2) is -6.21.

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